Partnerships / Acquisitions

Verifone And Worldpay Expand Relationship

Verifone Systems announced Monday (Nov. 28) it has extended its partnership with Worldpay, the British payments processor, enabling it to bring its payment services to Worldpay’s U.K. customers.

According to a report, under the terms of the deal, Worldpay will work with Verifone to roll out new point-of-sale products to U.K. firms. Currently, Verifone’s POS products accept payment from Apple Pay, Android Pay and Samsung Pay. The companies have long been partners in the payments market.

The announcement isn’t the only development Verifone was highlighting Monday (Nov. 28). It also announced Dagrofa, Denmark’s third-largest retail company, and REMA 1000, a fast-growing discount chain in the country, have chosen Verifone to enable more options for the way consumers shop and pay for their purchases.

In a press release, Verifone said Dagrofa and REMA 1000 represent significant wins and growing market share for Verifone. ”We are very proud that Dagrofa and REMA 1000 have selected Verifone as its payment solution provider. Our solution benefits both our clients and their customers alike as it can handle many payment methods, including all payment cards and many mobile apps,” said Verifone General Manager of Denmark Chris Lund-Hansen in the release announcing the two customer wins.

According to Verifone, Denmark is a leader in the world’s shift towards cashless societies with about 80 percent adoption of non-cash payments and is home to one of the most progressive and widely adopted mobile payment schemes around the globe. MobilePay, created by Danske Bank, is installed in more than 90 percent of Danish consumer smartphones and is only surpassed by Facebook and Messenger in app acceptance, Verifone said. By upgrading to Verifone, Dagrofa and REMA 1000 will be playing a “significant role” in driving consumer adoption for mobile payment in the country.

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